Here’s some advice: If you’re going to work for a biotech, ask for more stock options.
The Timmerman Report is among those who recently put into focus what a few analysts have been saying: Most biotech worker bees aren’t seeing the benefits of the biotech boom (or bubble) in their paychecks.
Why the stagnation? There are a glut of jobs, sure, but also plenty of unemployed workers – either from layoffs from long ago (the recession took its toll) or from a regular churn of employee dumps as acquisitions occur and big pharma continues to whittle down R&D. Outsourcing abroad is a factor. Biotechs still don’t have to work too hard to attract employees.
Hey, check out all the research scientist jobs. Post your resume today!
